Lawton has struggled with low occupany and low rents, but from my prospective, the market has picked up somewhat over the last few years.

This could lead to friction during the application process or deter some potential tenants.Increased Administrative Work: Requiring multiple applications per household increases your workload, as you'll need to process more information, run additional background checks, and review more documents.

Prospective owner-landlords can now afford these properties more easily, thanks to the reduced down payment requirement by Fannie Mae.This is an opportunity to reduce mortgage payments by leveraging rental income.Things to remember:1.

There is also a much larger inventory of rentals for a prospective resident to look at, a few years back we were in the 3ks for vacants and this year bumping up near 5k during the peak season (in my opinion probably due to the low entry price point for investors compared to the rest of the country as well as low interest rates on loans for folks moving out of their homes).

Our network just found two great deals in Prospect Park, Delaware County outside Philly. 

CCIM, SIOR, and all of the other designations you can amass never teach you how to pick up the phone and prospect for leads, track down growing/expanding businesses to convert to clients, how to manage tenants in a retail strip center, or do the myriad of other daily activities required to be a good commercial investment broker/owner.

Should I replace the entire roof so not to deter buyers?

But don’t let this downturn deter you—there’s still plenty of potential for those who understand how to navigate the evolving landscape.The median sale price for townhomes and condos has edged up to $320,000, a modest 1.6% increase from last year.

Posting signs not only informs the tenants but also deter possible intruders.

I used to do deals in Tyler City TX but property taxes deterred me